TKB Presents 3Q Results
OREANDA-NEWS. November 08, 2010. As show the unaudited financial results of Trasta komercbanka, during the third quarter of 2010 the bank worked with a profit of 1.61 million lats, reported the press-centre of TKB.
Owing to such performance during this period, the losses of previous quarters shrunk by 60% to 1,04 million lats on September 30.
The amount of deposits during the third quarter of 2010 increased by 16% and reached 193.6 million lats. On September 30, TKB's loan portfolio was 94.9 million lats, which is 8% below the volume which TKB had at the beginning of the quarter.
At the end of the quarter the capital and reserves of TKB amounted to 32.3 million lats, the bank's capital adequacy ratio was 14.95%. The bank's assets at the end of the third quarter reached 245.4 million lats in total, showing an increase of 16% compared to the beginning of the quarter. On September 30, liquidity of Trasta komercbanka was 70.82%.
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